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Law firm PeliPartners is relocating its offices as of July 1 on the 13th floor of the Charles de Gaulle Plaza office building in Bucharest, located near the Aviatorilor metro station.
Fitch Ratings has affirmed Romanian state-owned natural gas transmission company Transgaz's Long-Term Issuer Default Rating at 'BBB-' with a Stable Outlook.
Michelin Romania, part of France’s Michelin group, one of the largest tire markers in the world, posted RON3.18 billion (EUR660.3 million) revenue in 2020, a decline of more than 9% from the RON3.51 billion (EUR740.6 million) revenue of 2019, Finance Ministry data show.
The 60-retail pharmacy chain Iris Pharm in Buzau can budget an investment in expansion should the opportunity arise this year, as it ended 2020 with a 19% rise in sales to RON43.4 million.
Romania’s banking system numbered 34 banks last year, the same as in 2019, more than half of which with less than 1% market share.
Romania’s retention of its investment-grade rating will depend on the fiscal outlook and policy implementation, Fitch Ratings said in a new report.
Building materials manufacturer Macon Deva, acquired by Germany’s Xella, had a turnover of nearly RON35.8 million (EUR7.4 million) in 2020, fourfold lower than over RON141.1 million (EUR29.8 million) in 2019, per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Car parts and accessories wholesaler Inter Cars Romania, part of Polish Inter Cars Group, reported a turnover of nearly RON958.3 million (EUR198.8 million) in 2020, up over 9% from 2019, per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Belgian company Carmeuse Holding, which hold three lime manufacturing plants in Romania, registered a turnover of RON204 million (EUR42.3 million) in 2020, up nearly 5% from 2019, per calculations by Ziarul Financiar (ZF) based on finance ministry data.
The Bucharest Stock Exchange (BVB) on Wednesday announced that Alser Forest bonds will start trading on the Multilateral Trading System (MTS) of BVB, under the ticker symbol ALS24E, on Wednesday, June 30, 2021.
The shares of Romanian engineering and technology entrepreneurial company Simtel Team (SMTL.RO) will start trading on the Bucharest Stock Exchange on July 1, 2021, per stock market data.
Romania’s central bank on Monday said its profit reached RON2.03 billion in 2020, up 13% from 2019.
Green PC Ambalaje, a company specialized in professional waste management services for companies engrossed in manufacturing and retail operations in Romania, has contracted two loans worth a total RON15 million from lender Banca Romaneasca.
Romania's finance ministry on Monday raised 324.4 million lei (EUR65.85 million), from a target of RON300 million, selling treasury bonds maturing in October 2034 at an average yield of 4.11%, central bank data showed.
Liberty Galati, the largest integrated steel producer in Romania, has reported a strong set of results for the first quarter of this year, building on the production improvements made in 2020, the company said in a statement Monday.
Romania's general consolidated budget posted a deficit of RON26.18 billion in January-May, or 2.29% of the gross domestic product, lower compared with RON38.84 billion, or 3.68% of GDP, in the same period last year, when the economy was mostly shut down by the pandemic.
Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, had a turnover of RON56.7 million in 2020, down 5% on the year, and a net profit of RON5 million from RON5.3 million in 2019, it said in its earnings report released Monday.
OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR70 million at the Petrobrazi refinery, to replace facilities that are essential during the refining process, the company said Monday.
Courier services company Nemo Expres Logistic(NemoExpress), owned by Dan-Dumitru Serbanescu, takes its first step on the capital market Monday by listing corporate bonds totaling EUR1.57 million, traded under the ticker symbol NEMO23E.
Brick Romania, a local DIY and home improvement retailer in Constanta, had a turnover of RON62.6 million in the first half of 2021, up 15% compared with the same period last year.18957 items